Angel Studios (NYSE:ANGX) Trading 11.2% Higher – Still a Buy?

Angel Studios, Inc. (NYSE:ANGX)’s stock price rose 11.2% during trading on Monday . The stock traded as high as $3.20 and last traded at $3.2250. Approximately 482,892 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 1,116,329 shares. The stock had previously closed at $2.90.

Analysts Set New Price Targets

ANGX has been the topic of several recent analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of Angel Studios in a research note on Friday, March 27th. B. Riley Financial assumed coverage on shares of Angel Studios in a research note on Wednesday, February 25th. They issued a “buy” rating and a $7.00 target price on the stock. Wall Street Zen raised Angel Studios from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Texas Capital raised Angel Studios to a “strong-buy” rating in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Angel Studios has a consensus rating of “Moderate Buy” and a consensus price target of $8.25.

Angel Studios Stock Performance

The company has a market cap of $589.99 million, a price-to-earnings ratio of -4.22 and a beta of 0.05. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.59 and a quick ratio of 0.59. The stock has a 50-day moving average price of $2.74 and a 200 day moving average price of $3.65.

Angel Studios (NYSE:ANGX) last posted its earnings results on Thursday, April 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.03. The business had revenue of $115.11 million for the quarter. As a group, analysts anticipate that Angel Studios, Inc. will post -0.42 EPS for the current fiscal year.

Insider Activity

In other news, Director Steven I. Sarowitz acquired 321,544 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average cost of $3.06 per share, for a total transaction of $983,924.64. Following the completion of the acquisition, the director owned 326,840 shares in the company, valued at $1,000,130.40. This represents a 6,071.45% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 30.10% of the company’s stock.

Institutional Investors Weigh In On Angel Studios

Several large investors have recently made changes to their positions in ANGX. Cetera Investment Advisers boosted its stake in shares of Angel Studios by 124.0% during the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock worth $77,000 after acquiring an additional 13,915 shares during the period. Renaissance Technologies LLC bought a new position in shares of Angel Studios during the 1st quarter worth approximately $273,000. Lazard Asset Management LLC bought a new position in shares of Angel Studios during the 1st quarter worth approximately $174,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Angel Studios by 77.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock worth $27,000 after acquiring an additional 3,793 shares during the period. Institutional investors and hedge funds own 38.57% of the company’s stock.

About Angel Studios

Angel Studios, Inc is a media and entertainment company that develops, produces, distributes and licenses film and television content. The company uses a community-driven model through the Angel Guild, whose members help guide content decisions, and focuses on stories intended to “amplify light.” Angel Studios generates revenue from Guild memberships, theatrical releases, content licensing, merchandise, and its Pay It Forward model.

Angel Studios became publicly traded on the New York Stock Exchange under the ticker symbol ANGX in September 2025 following its business combination with Southport Acquisition Corporation, a special purpose acquisition company.